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When it's been done lots more than that happens! Currency collapses, bank defaults, asset freeze-ups, international trade stoppage because of debt/credit chang
by kristopolous 6y ago
When it's been done lots more than that happens!
Currency collapses, bank defaults, asset freeze-ups, international trade stoppage because of debt/credit changes, strikes and work stoppages, demand collapses.
Sometimes do nothing is fine, like the video game crash of 1983. But when it's systemic and big, that strategy has collapsed entire countries